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Celebrating the Entrepreneurial Spirit! Highlights & Photos from the FATE Foundation 2012 Annual Celebration & Entrepreneurial Awards | Udeme Ufot is the 2012 FATE Model Entrepreneur of the Year



FATE Foundation, a private sector led not-for-profit organisation created in March 2000 by Fola Adeola in response to the challenges of unemployment prevalent in the Nigerian society on the 6th of December 2012 rewarded the enterprising spirits of entrepreneurs. The event, which was the 11th Annual Celebration & Entrepreneurial Awards, held at the Shell Hall, MUSON Centre Onikan, Lagos was themed, ‘Rising through the Storm of Entrepreneurship.’ Speaking on the theme was the special Guest Speaker, CEO of UT Bank in Accra Ghana, Prince Kofi Amoabeng.

The event saw over 350 entrepreneurs graduating from the programmes of FATE Foundation that were run in the course of the year. The height of the event was the presentation of awards to the 2012 FATE Model Entrepreneur of the year award which went to Udeme Ufot, an advertising maverick, renowned for his creation of the famous Guinness advert, ‘My friend Udeme is a Great Man.’

Other awards given at event included FATE Alumni Model Entrepreneur Award which went to CEO of Saheeto International, Saheed Kekere-Ekun, and FATE SME Journalist Award was presented to Bisi Williams of Guardian Newspapers for excellent reporting on small and medium scale businesses. A post humous award was given to Late Charles Ntuko for being an outstanding volunteer at FATE. Ntuko passed on during the ill-fated Dana air crash on June 3rd, 2012.

In her closing remarks, the Executive Director of FATE Foundation, Osayi Alile-Oruene announced her resignation from the Foundation. She had served as the Executive Director of FATE for six years. She also announced that the current Head of Training at FATE, Elizabeth Olofin, who has been with FATE since 2007 as successor from January 2013.


Adeola Adeyemo is a graduate of Industrial Relations and Personnel Management from University of Lagos. However, her passion is writing and she worked as a reporter with NEXT Newspaper. She believes that anything can be written about; anything can be a story depending on the angle it is seen from and the writer's imagination. When she is not writing news or feature articles, she slips into her fantasies and creates interesting fiction pieces. She blogs at

1 Comment

  1. Temitope Adewoye

    December 13, 2012 at 8:50 am

    Wow just wondering when yours truly would start receiving these awards?
    Great program though!

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